Portfolio Update

CPLP had a bearish day on greater than average volume. The Stochastic and MACD indicators are also averaging down. There is no indication in the price movement that a turn around is occurring.

EVEP had a bearish day on less than average volume. The price actually closed higher than it opened. The Stochastic indicator has changed direction and has crossed above it's signal line. The MACD indicator, however, has continued it's descent. The gap between the bid and ask is wide, so I will need to see another day's performance to see if there is any change in direction to occur.

SLV had a bullish day on less than average volume. The price movement was narrow, but the open and close engulfed the open and close, of the previous trading day. This, along with the higher-low, and the bid and ask prices currently higher than the close, indicates that a change in direction may be occurring. Unfortunately, the Stochastic and MACD indicators are still pointing down, which contradicts the suggestion of the price movement. I have the cash to get in at this point, but I am hesitant to make a move because of the contradictions.

As for the current paper trade, ISPH had a bullish day on less than average volume. The Stochastic and MACD indicators are both still pointing down. I am thinking that the stock will move side ways for the majority of this week. With that the Stochastic and MACD indicators will level out right before the stock makes an upward move. That is my opinion, you can take it or leave it.

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